Explain how the purchase of treasury stock affects
1. Provide two possible reasons why a company might decide to purchase treasury stock.
2. Explain how the purchase of treasury stock affects earnings per share and the value of the remaining outstanding common shares.
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You manage a real estate investment company. One year ago, the company purchased 10 parcels of land distributed throughout the community for $10 million each.
Given the following, how did the CVP change? Assuming cars are always waiting to order 24 hours per day and the kitchen capacity is unlimited, how many cars per hour can be accommodated in the before and after configuration?
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Barney toys company manufctures large and small stuffed animals. it has a lon-term contract with large chain of discount to sell 3000 large and 6000 each month.
Explain how the purchase of treasury stock affects earnings per share and the value of the remaining outstanding common shares.
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Prepare schedules of COGM and COGS and an income statement (Hint: prepare the income statement and schedule of COGS first followed by the schedule of COGM.)
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